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Michael Chochol

michaelchochol.simply@gmail.com +1(505) 780-0315

Listed by Maestas Real Estate Services

$ 1,427,100

Est. payment | -/mo

6 Beds

5 Baths

1.4 Acres Lot

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$ 1,427,100

Est. payment | -/mo

Save

6 Beds

5 Baths

1.4 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1112319

Bedrooms 6

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $5,921

Lot Size 1.400 Acres

Acres 1.4

Lot Dimensions Other

Property Sub-Type Multi Family

Property Description

Rare value-add on iconic Route 66. This family-style 11-unit compound spans two parcels totaling 1.3993 acres zoned NR-BP, with only 6,845 sf built, leaving real room for storage income or future development. Six buildings hold 2 studios, 5 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom house, plus 3 RV pad sites leased at $650 each for extra monthly income. Studios and one-bedrooms rent below market, giving a new owner instant upside. Every unit has its own mini splits for heating and cooling and vinyl plank flooring. Units 1-6 have no washer, dryer, or hookups, units 7-11 have washer/dryer hookups. Minimum one-year leases, some month to month, off-street parking throughout. Walk to El Mezquite Marketplace, Starbucks, and McDonald's. Priced for an investor ready to capture the upside on Albuquerque's most famous corridor.

Location

State NM

County Bernalillo

Area 92 - Southwest Heights

Interior

Heating Ductless

Cooling Ductless

Flooring Vinyl, Wood

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 100905712406830432

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Schools and Properties Nearby

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+1(505) 780-0315

michaelchochol.simply@gmail.com

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9607 Central AVE NW Albuquerque, NM 87121